Danske Bank no longer predicts the European Central Bank will lower interest rates in September, citing sticky inflation and the strong start to 2024 by the euro-zone economy. from Bloomberg Markets https://ift.tt/5Ffqbjv
The USS Harder sank Japanese ships in audacious missions during the war. https://ift.tt/EAZmNwH May 24, 2024 at 10:01AM
S&P Global Ratings said it’s closely monitoring the outcome of South Africa’s elections next week and subsequent government policies to address issues from crime to energy supply that have deterred investment. from Bloomberg Politics https://ift.tt/tGlm21Q
Retail sales fell 2.3% in April, more sharply than forecast, as consumers proved reluctant to spend in stores as poor weather reduced footfall and inflation was still high. https://www.wsj.com/articles/u-k-shoppers-spent-less-in-april-as-inflation-rain-damped-sales-0f7de072
Donald Trump held a campaign rally in a diverse New York neighbourhood that is a Democratic stronghold. https://ift.tt/HCT40sI May 24, 2024 at 06:30AM
Stephen Bird, the chief executive of trouble asset manager Abrdn Plc, has stepped down. from Bloomberg Markets https://ift.tt/UNEtdQ2
An index of major crops has wiped out its 2024 loss as bad weather stokes worries about harvests from wheat to coffee, reviving concerns about rising food prices. from Bloomberg Markets https://ift.tt/SVvP6E7
Boeing said it would burn billions of dollars more than expected in the coming months and likely won’t generate cash for the full year, signaling the jet maker is struggling to contain the financial fallout from cascading production and supply-chain issues. https://www.wsj.com/business/airlines/boeing-says-cash-flow-is-worse-than-it-thought-0f2c954d
The Indian government bonds eligible for inclusion in the JPMorgan Chase & Co. index look poised to deliver their best monthly returns in nearly a year, helped by fresh foreign inflows and a record central bank payout. from Bloomberg Markets https://ift.tt/FsVad4c
Construction and trade prevented a recession in Germany at the start of the year, setting off a recovery that should eventually be led by consumers. from Bloomberg Markets https://ift.tt/3DaAYhM